DeFi projects continue flocking to layer 2 solution Polygon
Polygon’s cheaper transaction costs and faster block time have driven increased adoption by a number
Riksbank’s Floden: Inflationary pressure remains low
Riksbank’s, Sweden's Central Bank, Deputy Governor Martin Flodén said on Monday that they see no
PBOC issues CNY200 billion via one-year MLF at 2.95%
The People’s Bank of China (PBOC) pumped in CNY200 billion via one-year medium-term lending (MLF)
Ex-RBA’s Gregory: Australia’s bright recovery overshadows clouded horizon
Former Reserve Bank of Australia (RBA) board member Bob Gregory said on Tuesday that the
EUR/CHF to extend its downfall on a break below the 1.0876/68 zone – Credit Suisse
EUR/CHF is stalling slightly at its 200-day moving average at 1.0876/68. Nevertheless, the pair maintains
ECB: Accommodative stance expected to persist – UOB
Economist at UOB Group Lee Sue Ann assesses the latest ECB monetary policy meeting (Thursday).
Fed to retain the dovish tilt despite higher US inflation – UOB
Senior Economist Alvin Liew comments on the latest higher-than-expected US inflation figures. Key Quotes “On
Canada: Manufacturing activity is likely to remain somewhat depressed – CE
Data released on Monday showed a larger-than-expected decline in April in manufacturing sales in Canada.
US: Consumer Sentiment Index improves to 86.4 in June vs. 84 expected
Consumer confidence in the US improved in June. US Dollar Index continues to push higher
US: NY Fed’s GDP Nowcast declines to 4.2% for Q2 after this week’s data
The US economy is expected to grow by 4.2% and 5.3% in the second and